#BTC = Daily Analysis = 18.12.2021 $BTC #Bitcoin #crypto #cryptocurrency #fintwit

$BTC reached the target area that was forecasted at the beginning of November, but, based on candle formations, it does not look ready for a reversal. What would be the next move? Let’s try to decipher the message and forecast the next steps.

This daily overview contains:
– daily candle charts – analysis of candles and technical events;
– weekly EW chart and a long term forecast;
– short term EW chart and targets.


Today the coin formed a Thrusting Line. While this candle could be bullish in certain cases, it is normally viewed as a bearish continuation one and we have all reasons (supported by technical indicators) to believe that today’s candle is bearish.

Today’s also the day of a weekly candle on investing.com and I’d like to discuss it along with other signals.

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Update on ETH:

Long Term Forecast for #SOLANA:

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